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Dow Inc (DOW): New Buy Recommendation for This Basic Materials Giant
Dow Inc received a Buy rating and a $38.00 price target from KeyBanc analyst Aleksey Yefremov today.
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According to TipRanks, Yefremov is a 4-star analyst with an average return of 7.5% and a 56.42% success rate. Yefremov covers the Basic Materials sector, focusing on stocks such as Avient, Eastman Chemical, and LyondellBasell.
Dow Inc has an analyst consensus of Hold, with a price target consensus of $28.62.
Based on Dow Inc’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $9.46 billion and a GAAP net loss of $1.54 billion. In comparison, last year the company earned a revenue of $10.41 billion and had a GAAP net loss of $53 million
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